- Thread starter
- #21
- 7,012
Ok good info so far, but I still thought that the CV of a WL policy could be used to pay the premium. Is that not correct?
Never Seen a Policy
- Thread starter HoosierLife
- Start date
- 19,648
Most have automatic premium loan which can keep the policy in force by using the cash value. How long that is will vary by the amount of cash value and it is a loan so the death benefit will be reduced by the amount of the loan.
My expericne has been that you have to tell the company to use it even though it's called "automatic".
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